Penn National Names Himbert Sinopoli General Manager of Hollywood Casino Columbus

  Penn National Names Himbert Sinopoli General Manager of Hollywood Casino
  Columbus

 - 20-Year Industry Veteran with Extensive Regional Gaming Experience to Lead
                    Company’s Growing Columbus Property –

Business Wire

WYOMISSING, Pa. -- May 1, 2014

Penn National Gaming, Inc. (PENN: Nasdaq) (“the Company” or “Penn National
Gaming”) announced today that Himbert Sinopoli, currently the General Manager
of Hollywood Casino Aurora in Aurora, Illinois, has been named General Manager
of Hollywood Casino Columbus, replacing Ameet Patel who was recently named
Senior Vice President of Regional Operations for Penn National Gaming. The
appointment is effective May 19, 2014, subject to customary regulatory
approvals. Mr. Sinopoli will report directly to John Finamore, Senior Vice
President of Regional Operations for Penn National Gaming.

Himbert Sinopoli has served as General Manager of Hollywood Casino Aurora
since June 2011. From February 2010 to June 2011, he was General Manager of
Hollywood Casino Perryville (now owned and operated by Gaming & Leisure
Properties, Inc.) where he oversaw the property’s final development, initial
staffing and grand opening. He served as Assistant General Manager at Argosy
Casino Alton from 2007 to 2010 and was Vice President of Accounting at Isle of
Capri Casinos, Inc. from 2006 to 2007. From 1999 to 2006, Mr. Sinopoli was
Director of Finance at Penn National Gaming’s Boomtown Biloxi property and
also served as Boomtown Biloxi’s Assistant General Manager from 2002 to 2006.
Prior to entering the gaming industry in 1994, he was in public accounting as
an auditor with KPMG Peat Marwick.

Mr. Finamore commented, “Himbert has the experience and regional gaming
operating expertise to build on Ameet’s success in Columbus based on his
record at Hollywood Casino Perryville, which he managed through its
development and first year of operations while establishing the property as a
strong economic engine for Cecil County and Perryville.

“Penn National is proud of the role Hollywood Casino Columbus has played on
the West Side of Columbus, demonstrating our long-term commitment to the city
thanks to our team’s extensive community service and the creation of jobs
within our four walls as well as in the surrounding area, which has seen
numerous businesses come back to or re-invest in the community. Recently,
Hollywood Casino Columbus was honored with an EXPY Award by Experience
Columbus, the convention and visitor’s bureau of Central Ohio, for the work
done by the team to revitalize the local area through increased visitation,
creation of needed meeting and convention space, and new economic activity.
Hollywood Casino Columbus is delivering solid operating margins and continues
to expand its customer database and we are confident that Himbert can extend
the progress made by Ameet and the entire Hollywood Casino Columbus team to
further grow the property’s operating performance as well as the strong
relationships developed in the local community.”

About Penn National Gaming

Penn National Gaming, through its subsidiaries, owns, operates or has
ownership interests in gaming and racing facilities with a focus on slot
machine entertainment. The Company presently operates twenty-seven facilities
in eighteen jurisdictions, including Florida, Illinois, Indiana, Iowa, Kansas,
Maine, Massachusetts, Maryland, Mississippi, Missouri, Nevada, New Jersey, New
Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. In aggregate,
Penn National's operated facilities feature approximately 31,000 gaming
machines, 800 table games and 2,900 hotel rooms.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements can be
identified by the use of forward looking terminology such as “expects,”
“believes,” “estimates,” “expects,” “intends,” “may,” “will,” “should,” or
“anticipates,” or the negative or other variation of these or similar words,
or by discussions of future events, strategies or risks and uncertainties.
Such forward looking statements are inherently subject to risks, uncertainties
and assumptions about Penn National Gaming and its subsidiaries, including
risks related to the ultimate location of the various other gaming facilities
in Massachusetts and the ongoing efforts in the state to repeal the enabling
legislation, and accordingly, any forward looking statements are qualified in
their entirety by reference to the factors described in Penn National Gaming’s
Annual Report on Form 10-K for the year ended December 31, 2013, subsequent
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with
the Securities and Exchange Commission. All subsequent written and oral
forward looking statements attributable to Penn National Gaming or persons
acting on the Company’s behalf are expressly qualified in their entirety by
the cautionary statements included in this press release. Penn National Gaming
undertakes no obligation to publicly update or revise any forward looking
statements contained or incorporated by reference herein, whether as a result
of new information, future events or otherwise, except as required by law. In
light of these risks, uncertainties and assumptions, the forward-looking
events discussed in this press release may not occur.

Contact:

Penn National Gaming, Inc.
Saul V. Reibstein
Chief Financial Officer
610/373-2400
or
JCIR
Joseph N. Jaffoni, Richard Land
212/835-8500 or penn@jcir.com
 
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